Italian business confidence slips after 3 months of gains
Services and retail hit hardest, industry hits two-year high28 October, 12:53
Istat's business confidence index fell to 79.3 this month from 82.8 in September. Retail and services industries took the brunt of renewed pessimism, while optimism rose to the highest levels since August 2011 for the industrial sector.
Confidence in the services sector sank to 74.7 from 79.9 in September, and retail to 89.0 from 91.8.
Confidence in industrial manufacturing rose to 97.3 from 96.8 the previous month.